HyperRoll, a leading provider of high-performance data aggregation software for business intelligence (BI) applications, and Actuate Corporation, a world leader in enterprise reporting and performance management applications, announced a technology and marketing collaboration agreement to join HyperRoll's patented data aggregation technology with Actuate's complete suite of business intelligence reporting tools.
Under the terms of the agreement, HyperRoll will offer a version of its product that supports the Actuate Enterprise Reporting Application Platform. Together, Actuate and HyperRoll will market the HyperRoll product to Actuate customers. HyperRoll will provide those customers with improved database query performance for large-scale user communities that use Actuate for daily ad hoc information access.
Actuate provides a complete suite of easy-to-use business intelligence reporting tools to meet the reporting and analysis needs of any employee, partner or customer. As reporting demands and user volumes grow, however, delivering consistent query performance to these users becomes challenging due to database resource limitations. When used with the Actuate platform, HyperRoll technology will provide an exponential increase in query performance and deliver more consistent and optimized query performance during peak user periods, while enabling companies to expand their user communities with existing database resources. Increasing the speed of data aggregation will also allow users of Actuate software to analyze larger data sets and perform analysis on near real-time data.
"We had a specific business problem that we could not resolve without Actuate and HyperRoll," said Rich Sullivan, a senior BI consultant at a leading U.S. bank. "We needed access to highly formatted, yet asymmetric reports. The data is a mixture of aggregated data for some dimensions and input level data for other dimensions. While this kind of data is typical for reporting at the bank, traditional OLAP tools couldn't handle the data presentation or performance requirements. HyperRoll and Actuate provide a quickly accessible, integrated and consistent view of data."
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